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The question

How is the zakat calculated for land purchased for investment purposes that has been held for a full year?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

is obligatory on land purchased for trade, by appraising it at market value each year, and 2.5% of its value is to be given as zakat if it reaches the . As for land purchased for profit from its yield, zakat is obligatory on its rent if a year has passed over it and it has reached the nisab. The nisab for currency is what equals 85 grams of gold or 595 grams of silver.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
179114
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy